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87 Edenfield Avenue, Watert...

Oanh Phan Acquires Watertown Multifamily From Christopher Pollak For $825K
SOLDMultiFamily

Oanh Phan Acquires Watertown Multifamily From Christopher Pollak For $825K

87 Edenfield Avenue, Watertown, Massachusetts 02472, United States

$825,000

$392/SF

Building Size

2,100 SF

Asset Type

MultiFamily

Closing

Dec 6, 2021

AI

Located at 87 Edenfield Ave in Watertown, MA, this multifamily property was recently sold in a closed transaction. The property consists of 2 units, with a total square footage of 2,100. The sale price for this transaction was $825,000, resulting in a price per unit of $412,500 and a price per square foot of $393.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $825,000
  • Units: 2
  • Square Footage: 2,100
  • Price per Unit: $412,500
  • Price per Square Foot: $393

Oanh Phan served as the buyer in this transaction, while Christopher Pollak acted as the seller. Dan Loprete, from Realty Executives, represented the buyer, and Ari Koufos, also from Realty Executives, represented the seller.

Players

Ari Koufos

Realty Executives

Broker

$16.2M

vol

13 deals

Broker

Watertown MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.23%

Cash-on-Cash

-5.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93